Townhouse Investment Properties for Sale in Saint Joseph, MO
112- 2 Bed
- 2 Bath
- 1331 sft
122- 3 Bed
- 3 Bath
- 1030 sft
174- 2 Bed
- 2 Bath
- 1421 sft
135- 2 Bed
- 2 Bath
- 1087 sft
Why Invest in Saint Joseph, Missouri?
Townhouses in Saint Joseph, MO offer investors a compelling entry into a stable Midwest market with strong rental demand. Affordable acquisition costs around $170K support solid cash flows from median rents near $875 monthly. Annual appreciation of 7-13% outpaces national averages, driven by low inventory and steady job growth. Cap rates hover at 7-8%, ideal for long-term holds amid low vacancy trends. Renter occupancy exceeds 40%, bolstered by local workforce stability.
Frequently Asked Questions
Townhouses offer affordability with median prices near $170K and strong rental yields from $875 monthly rents. Low inventory drives appreciation, while stable employment supports tenant demand. Cap rates of 7-8% provide reliable returns.
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